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Magna joins BMW, Intel to develop self-driving vehicle technology by 2021
AURORA, Ont. – Canadian auto parts maker Magna International Inc. (TSX:MG) says it’s joining BMW and Intel Corp. to develop a self-driving system for the global vehicle marketplace by 2021.
Magna says the autonomous driving technology will be flexible and adoptable for integration by multiple automakers.
BMW says the Aurora, Ont.-based company has long-term experience in integrating complex systems seamlessly onto individual vehicle platforms.
Magna has been a contract vehicle manufacturer for the BMW Group for more than 15 years.
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